Business Services Industry
Sales of Cristalerias de Chile rise by 10.2%.
South American Business Information, March, 2003
Chile, Mar 24, 2003 (El Diario/SABI via COMTEX)
Cristalerias de Chile, the Chilean glass container manufacturer, which is owned by the Claro group, reported consolidated sales of Pesos$161,057mil in 2002, up 10.2% on the previous year. The good performance can be mainly attributed a rise in operating income generated by its glass business (4.9%) as well as by its Vina Santa Rita wine producer (7%) and Ciecsa (49.4%). Net profits totaled Pesos$17,661mil in 2002, a 3.5% increase on 2001 while operating profits stood at Pesos$41,610mil. Vina Santa Rita made a net profit of Pesos$9,263mil. Sales increased by 13%.
Copyright (c) 2003, South American Business Information, All rights reserved.
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